The Effective Ways KRM22 Minimizes the Risk of Surveillance Failures

SOC2 compliance risk management

The observations in FCA’s latest Market Watch shed light on the challenges firms face in effectively monitoring market activities.

The cases outlined by the FCA are not unfamiliar to us. In fact, we’ve encountered similar scenarios in the past, and we’ve taken proactive steps to address them. We continuously monitor market trends and regulatory developments, allowing us to anticipate and mitigate potential issues before they escalate. By staying ahead of the curve, we ensure that our clients benefit from a surveillance system that is always up-to-date and effective.

We understand the importance of ensuring the accuracy and reliability of our system, which is why we employ the following strategies:

  1. Conduct extensive regression testing.
  2. Maintain a dedicated User Acceptance Testing (UAT) environment.
  3. Offer users an integrated sandbox environment for light-testing of parameters with production data. This allows users to test their calibrations on the fly with production data.
  4. Continuosly make improvements and address any gaps that arise.

This multi-layered approach to testing ensures that our system performs flawlessly under real-world conditions, giving our clients the confidence they need to trust in our solution.


For more information contact our sales team.